@ zhu geliang,  

1) Is impairment write back=reinvestment allowance? If so, the diferrence is RM1.50 lower loh. 

MEANS NETT EPS 2018 IS 

RM4.60 (50% WTI) AND RM6.15 (100% WTI)!!!! 

2) forex gain rm152m refer to davidslim article. 

3)get to know HY not run at full capacity. Hy mgmt will definately refine more stock to keep right? So they might run production at full capacity for certain period b4 the shutdown. So, why not use the 2016 figure as referrence leh. Coz the 2 months production bbl amount has been done b4 the shut down mah. 

BUT MAIN IMPORTANT POINT IS  

HY PROFIT WILL STILL GROW IN 2018 and onwards.

@tehka, pls refer to probability sifu comment to get the right info.

Dear ALL,          

Items below will hav BIG positive impact to HY 2018 accounting.             

i)Inpairment write back >RM470M                  
ii)Forex gain on RM1.7B loan RM150M            

Or SPECIAL PROFIT > RM2.00++ per share!!!            

AND            

EXTRA PROFIT p.a. by using WTI crude ( appx USD7.84 savings per bbl)                         
Just an estimate figure.                          
40m bbls(appx)×7.84Usd= USD313M (×3.90)                          
= RM1223M                
=RM4.07per share  (100% WTI)                 

EXTRA PROFIT is RM4.07 (100% WTI) 
RM2.03 (50% WTI)        

THESE ARE NOT INCLUDE NORMAL PROFIT(RM2.46) IN BUSINESS !!!        
       
RM2.46 is exclude inventory gain and forex gain,crack spread USD8  

MEANS ESTIMATE EPS 2018            

RM2.00+(RM4.07 or RM2.03)+RM2.46            
= RM8.56 or RM6.49 PER SHARE !!!!(B4 TAX & REINVESTMENT ALLOWANCE 495M) 

Means ESTIMATE nett EPS 2018          
=RM6.10 NETT EPS  (50% WTI)!!!!!!!! 
=RM7.60 NETT EPS (100%WTI)!!!!!!!!! 

INI KALI LAH !!!! WORLDCHAMPION HY!!!

@pang72, cheers. HENG yuan HENG ar, Dog year ONG ar, We HYians Huat ar!!!!

@pang72, u ask me to keep quiet? Hehe.

@aiyo..my dear follower dragon.. u no buy HY meh.. u didnt read those banners meh.. all positive sign mah... naysayers hiding loh..mayb can earn back your property leh..quite means they r preparing to buy more b4 market open mah.. Wakakak kikiki....

@pang72, Must thanks to probability sifu. This is his credit. I m just a spm holder nia.

@zhugeliang,   

1)may refer to annual report during Shell suffered huge loss and b4 they sold to HY China for the impairment write off (just like NPL write off in Bank). Bcoz Shell planned not to continue euro4m upgrade. The write back is the ADVANTAGE to HY now for the upgrade to make the 2018 account even STRONGER. Possible the equipment can still b used after the upgrade lo.  

2)business on going even during shutdown 2.5 month. So, no different if use the same figure. May refer to 2016 annual report. Mayb the figure should b even more for 2018 coz demand is higher now. 

3)impairment write back = reinvestment allowance meh? If not, the tax 25% already taken in lo. So, figure should b correct. 

Pls correct me if i m wrong . Tq

@zhugeliang, main point is HY 2018 PROFIT almost SURE TO GO HIGHER THAN 2017!!!

Dear ALL,         

Items below will hav BIG positive impact to HY 2018 accounting.            

i)Inpairment write back >RM470M                 
ii)Forex gain on RM1.7B loan RM150M           

Or SPECIAL PROFIT > RM2.00++ per share!!!           

AND           

EXTRA PROFIT p.a. by using WTI crude ( appx USD7.84 savings per bbl)                        
Just an estimate figure.                         
40m bbls(appx)×7.84Usd= USD313M (×3.90)                         
= RM1223M               
=RM4.07per share  (100% WTI)                

EXTRA PROFIT is RM4.07 (100% WTI)
RM2.03 (50% WTI)       

THESE ARE NOT INCLUDE NORMAL PROFIT(RM2.46) IN BUSINESS !!!       
      
RM2.46 is exclude inventory gain and forex gain,crack spread USD8 

MEANS ESTIMATE EPS 2018           

RM2.00+(RM4.07 or RM2.03)+RM2.46           
= RM8.56 or RM6.49 PER SHARE !!!!(B4 TAX & REINVESTMENT ALLOWANCE 495M)

Means ESTIMATE nett EPS 2018         
=RM6.10 NETT EPS  (50% WTI)!!!!!!!!
=RM7.60 NETT EPS (100%WTI)!!!!!!!!!

INI KALI LAH !!!! WORLDCHAMPION HY!!!

Tq probability sifu.

@aiyo... my dear follower dragon...actually PE 8 is enough lo... but base on market condition lo... if chinaman really come and buy... i will dumb dumb hold partly lo.. look at bitcoin lo... how much % they push leh from USD1500? ...do u know chinaman got nothing loh...BUT BIG JUNK OF $$$$ lo.. i heard from my friend went to seminar last time in penang...a chinaman gave target about RM42 lo..

@aiyo ... my dear follower dragon...alredi tell u mah..is not anyone perception lo... is FFM/Mr Market perception la....who know MR Morgan Stanley giv pe 15 base on US leh...USD is big enough mah....then LFM also follow mah.. then later MR Market come in ma...

Anyone here knows kyy? Pls ask him to double /tripple check with the lawyer on the risk of law/rule for contract signed by JAKS and china co. to protect JAKS holders. This bcoz he did a lot of good deeds.

@pondan traderman, i think u should b the one shut up lo... not believe .. lai lai lai .. anyone agree traderman to shut up???

Yes probability sifu.. always with facts and figures..need not argue so looong

@aiyo..my dear follower dragon...ok lah if just those penkritik pe...don worry la.. u may follow them lo..we supporter not that la . .4 is not nice figure...du u know chinaman like what figure?? 8,18,28,38 is better lo.. huat mah..thats why petrochina got such high pe mah..

@aiyo....my dear follower dragon.. u r not the LFM/FFM/Mr Market la .. let them judge the right PE lo..soon lo.. very very soon lo..u cut yourself first lo..but leave some part for those coming to u lo.. Wakakaka kikiki...

@pang72, pe 10 for 2018 should b around RM50-55 leh.

@pondan traderman. Go back to school la.. simple math cannot apply don come here and bark la. 93.16+28.14+120.59+138(futureye sifu)=?? Even RM3.6 or RM3.8 got different meh. Dividend coming mah..

@aiyo.. my dear follower ...dragonslayer.. just sharing nia...good for all ma..u don b sellfish la..if u r...go market and sell la.. wakakaka kikiki..

@aiyo.. my dear follwer...dragonslayer.. no joke loh... use common sense and simple maths can get this figure la.. spm standard can calculate la..

@pondan traderman, i giv the figure base on those sifus la.

Dear ALL,     

Items below will hav BIG positive impact to HY 2018 accounting.        

i)Inpairment write back >RM470M             
ii)Forex gain on RM1.7B loan RM150M       

Or SPECIAL PROFIT > RM2.00++ per share!!!       

AND       

EXTRA PROFIT p.a. by using WTI crude ( appx USD3 savings per bbl)                    
Just an estimate figure.                     
40m bbls(appx)×3Usd= USD120M (×3.90)                     
= RM468M           
=RM1.56 per share       
Just assuming only 50% is WTI       

EXTRA PROFIT is RM0.78!!!     

THESE ARE NOT INCLUDE NORMAL PROFIT(RM2.46) IN BUSINESS !!!   
  
RM2.46 is exclude inventory gain and forex gain! 

MEANS ESTIMATE EPS 2018       

RM2.00+RM0.78+RM2.46       
= RM5.24 PER SHARE !!!!(B4 TAX & REINVESTMENT ALLOWANCE 495M)     

INI KALI LAH !!!! WORLDCHAMPION HY!!!

@traderman, x dak telor pegang apong lo.

@aiyo..my follower dragonslayer... so active today ar ..many ppl coming to see u lo..to cut ur kuku loh ..better hide loh... wakakaka...kikiki..

Sleep well la everyone. HY 2 days total up RM1.08 lah. Profit taking is normal la. If not TA no story tell lah. Coming up next is FA loh. Coming good q4 and dividend mah. Prospect in 2018 onwards better than 2017 mah.THOSE WANNA PLAY WITH HY, REMEMBER ONLY MOTHER SHARE LO NO CALL WARRANTS.

@aiyo... my dear follower dragonslayer....eps2018 should b higher than RM2.50 lah...mayb RM5.20 leh...change to new crude mah...cheaper cost mah..margin and crack spread higher mah..somemore yet q4 loh ..also dividend yet loh...cut your kukuciaw can lah...Wakakaka kikiki

@superpanda,

3 items that will hav positive impact to HY 2018 accounting.    

1)Inpairment write back >RM470M    
2)Euro4m upgrade savings RM180M (RM760M-580M)    
3)Forex gain on RM1.7B loan RM150M

STRONG FA is coming, TA will be hiding.

@hibiscus..., penny stock wont hav backup from LFM/FFM. HY better coz LFM/FFM is waiting to buy lo.

If anyone would compare between JAKS and HY.  Should u buy JAKS or HY?

In Warren Buffet way, 

IF U FIND A COMPANY IS GETTING INTO ANOTHER SECTOR OF BUSINESS, WHAT SHOULD U DO? 

Ans. BODs is risking your money. So, SELL SELL SELL. So, if KYY would practise the WARREN BUFFET way, should he buy JAKS and sell HY? 

What type of business originally by JAKS and now?

To those sold earlier going to AM DUI.          
To those talk bad going to LONG PIAK.          
To those holding going to HOE SEH .          
To those waiting KU TAN ? EY LIAO CAY  .       

Ini kalilah SHOWTIME. 

 By month end >RM20. Mar onwards above RM22           


Base on futureye comment.   

If the value of HY is RM14b, means HY worth RM46.  

Beh tahan, potential return is > 100%.   

Attention to all naysayers,   

This is the last chance for you all to get into WORLD CHAMPION HY trip to RM25, 32, 44.   

We don mind to collect money together ma.   

DON MISSED OUT LOH. HOLD TIGHT TIGHT LOH.

Everyone here need to know this important message. DO NOT REPEAT THE MISTAKE. LESSON MUST LEARNT.   

If u r going to invest in HY.   

PLS BUY ONLY MOTHER SHARES. NOT ANY OF CALL WARRANTS.  只买母股。 

Small sum may buy 1lot 100 units nia. Although CW may be better returns, but believe me, it will affect the upside potential. 

DONT B STUPID BY JUDGING THE BOOK/CALL WARRANT BY ITS COVER/CALCULATION. CW IS A TRAP. IN CHINESE is 孔明借箭。  

TOGETHER WE MAKE MONEY   
TOGETHER WE CREATE HISTORY   
TOGETHER WE CREATE VICTORY  
TOGETHER WE MEET AT THE PEAK

@aiyo..my follower dragonslayer..u simply advice ppl cut here cut there... very soon those cut win/loss earlier will come to cut your kukuciaw...wakakaka...kikiki..

Dear ALL HYians,      

Pls be informed that many of the naysayers here are possible hired full time to talk bad on HY by CWs issuer. Be mindfull of CW issuers's trap.          

Advise to small cap investor, if you r going to invest in HY. Pls buy ONLY MOTHER share.          

Collection from sale of CWs will be use by issuer to bring down the HY price.   That is why new CWs is so frequent happen to HY. In chinese is 孔明借箭.      

CW issuer will giv some allocation to market maker to buy some mother share from the market, later they will create panic thru media by giving false statement, hire someone to create bad sentiment in i3 forum. Then the market maker will throw some mother shares to the market to cause panic sell by refering to TA. By the time they r going to calculate the payout price, they will also throw the balance shares to the market to pull down the mother price. This is to minimise their loss if there is. SO, BUYING CWs IS JUST LIKE ATTACKING YOUR OWN FAMILY MEMBER.          

This incident might had been clearly shown in RHB INV BNK.        

SO DONT BUY ANYMORE CWs TO PROTECT YOUR OWN INTEREST.         

JUST BUY DIRECT TO MOTHER SHARES.

Dear All, target ONLY MOTHER SHARE NOT CWs.

In Warren Buffet way,

1)need only 70% intelligent,

2)DONT LOOSE YOUR MONEY

3)easy and simple to understand the business making profit

May all to be applied in HY.

3 items that will hav positive impact to HY 2018 accounting.   

1)Inpairment write back >RM470M   
2)Euro4m upgrade savings RM180M (RM760M-580M)   
3)Forex gain on RM1.7B loan RM150M

HY is far better than JAKS. This has been a lesson to me that bought CSL before.  

The ASSOCIATE subsidiary(NOT a controlling stake/need to REINVEST 400m profit for 40% power plant) of JAKS that possible provide the main future income is in Vietnam but NOT in Malaysia. As a shareholder of JAKS WONT be protected by any rule/law in SC/BURSA/BNM/Malaysia Law for the said associate company.  

HY is totally different from JAKS bcoz the main subsdiary is in MALAYSIA, account opened in Malaysia, BODs in MALAYSIA. HYians are WELL PROTECTED. 

I hope KYY may understand this by not repeating the same mistake in Xingquan. (Even CIMB also been cheated)

@joeshare, u r just another naysayer nia. After read your history comment, i believe u don hav HY.

Thanks for the compliment. Traderman.

Special thanks to Probability sifu for his hard work to find such a valuable info.              

Will foresee HY makes much more profit if they will fully use a much cheaper cost of WTI crude with savings of appx. USD3 per bbl.             

Imagine how much EXTRA PROFIT p.a.?             
Just an estimate figure.             
40m bbls(appx)×3Usd= USD120M (×3.90)             
= RM468M             
=RM1.56 per share EXTRA PROFIT!!!          

Anyone still believe only EPS in 2017 for WORLDCHAMPION HY is the HIGHEST ever?             
Ans. IT WILL GO EVEN HIGHER SOON IN 2018 ONWARDS!!!             
POTENTIAL FUTURE EPS TOWARDS ABOVE RM5.00!!!  (RM3.80+RM1.56)             

Strongly believe no one in bursa can challenge WORLDCHAMPION HY in EPS 2018.        

This is the beauty of CHINAMAN doing the business.       

So, target price, anyone? RM25,35,44 or RM10,8,6

@siewnam, pls read davidslim article. Simply comment on shutdown losses. Shamefull. HY will maintain its sales thru huge inventory. Hy may had refined and stored huge inventory for shutdown period in order to supply to shell.

Orange88, i think complex refinery like HY is able to switch to certain end product( not only petrol ) which has higher margin. It will cushion if the product price fall unlike petron. I believe crack spread & crude oil price are higher in FEB 2018 compare to FEB year 2017.So, HY should post greater profit in 2018.

Pls refer probability sifu comments.

Shamefull on pondan mymymymymy now change name to HY is just cyclical stock. Tak boleh cari makan kah?

Special thanks to Probability sifu for his hard work to find such a valuable info.             

Will foresee HY makes much more profit if they will fully use a much cheaper cost of WTI crude with savings of appx. USD3 per bbl.            

Imagine how much EXTRA PROFIT p.a.?            
Just an estimate figure.            
40m bbls(appx)×3Usd= USD120M (×3.90)            
= RM468M            
=RM1.56 per share EXTRA PROFIT!!!         

Anyone still believe only EPS in 2017 for WORLDCHAMPION HY is the HIGHEST ever?            
Ans. IT WILL GO EVEN HIGHER SOON IN 2018 ONWARDS!!!            
POTENTIAL FUTURE EPS TOWARDS ABOVE RM5.00!!!  (RM3.80+RM1.56)            

Strongly believe no one in bursa can challenge WORLDCHAMPION HY in EPS 2018.       

This is the beauty of CHINAMAN doing the business.      

So, target price, anyone? RM25,35,44 or RM10,8,6

@mymymymy, this will happen soon in year 2109. Hahaha.

@mymymymymy, if profit is sinking, why HY hav press conference during q4 leh? Do u know chineseman want good reputation( face water )meh?

@mymymymymy, believe me, risk in JAKS is much higher compare to HY. Remember about CSL, xingquan? JAKS only own 40% power plant (if 400m reinvested)lo in VIETNAM. (Not in malaysia lo)